PALI LEHOHLA | Deserters of the war run state institutions. That’s no good story to tell
The ‘South Africa is resilient’ line is tired when bad policies drive the poor into further despair
Gimme Hope Joanna by Eddie Grant was a song Nicola Comninos tried to sing to her audience without success on Morning Live. Institutions matter in design of policy, especially in economics. Institutions anchor the instrumentality of human agency over the so-called free market forces. Institutions matter when crises loom large as they do in South Africa, especially those related to energy. Free market forces are brutal and totally not free, and the naïve get beaten time and again. The free markets need institutions that intervene in their favour to help them thrive. Evidence in most cases shows such policies are meant to favour them...
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